Buy Positions:
- $0.4631: This is the first support level. Enter a buy position here anticipating a rebound.
- $0.3112: A stronger support level. Consider additional buy positions if the price drops to this level.
- $0.2596: The strongest support level on the chart. Enter heavy buy positions here expecting a significant upward correction.
Sell Positions:
- $1.1898: This is the key resistance level. Consider selling positions as the price approaches this level, as it may face difficulty breaking through.
- Trailing Stop-Loss: Implement a trailing stop-loss strategy as the price moves upward to secure profits while minimizing losses in case of a reversal.
The chart suggests a potential upward movement, so setting strategic buy and sell levels can maximize gains. Use these key levels to guide your trading decisions effectively.
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